Turmeric pales on slack buying

Spot turmeric prices decreased at Erode markets due to slack demand from upcountry buyers. On Wednesday, 5,000 bags arrived for sale and the buyers purchased all the 600 bags of good quality turmeric and purchased 2,500 and odd bags of medium quality, said RKV Ravishankar, a trader. The best quality finger variety went for ₹8,400 a quintal in all the markets and the root variety at ₹7,800. At the Erode Turmeric Merchants Association, the finger turmeric fetched ₹5,555-8,539 a quintal; root variety ₹5,209-7,803. Of the arrival of 3,574 bags, 1,339 were traded.